Nona Pelletier
Manufacturing sales at near two year high in Q3
Manufacturing sales volumes were at their highest in nearly two years, in the three months to September, backing up the prospect of a solid quarter of economic growth. Audio
NZ food group and the Bank of China join forces
Food and beverage businesses wanting to break into China are being offered a helping hand. Audio
Surveys show variations in business and rural confidence
Recent surveys show a great deal of regional variation in business confidence, while the rural sector is generally more positive. Audio
Wholesale sales strong
Wholesale trade sales have had their strongest quarterly rise in five years. Audio
Contact Energy expecting flat earnings
Power company, Contact Energy, says its operating earnings for this year are likely to be little changed from last year's 525-million dollars. Audio
Michael Hill expects a good Xmas despite Australian slump
Jewellery retail chain Michael Hill International says it's expecting a good holiday season, even in Australia, where retail conditions have been challenging. Audio
Michael Hill Intl AGM farewells founder
Jewellery retail chain Michael Hill International has been holding its annual meeting this morning in Auckland. Audio
Chatham Rock slams EPA's action on costs: prefers to settle
The mining exploration company, Chatham Rock Phosphate, intends to lodge another application to mine the Chatham Rise, despite an ongoing dispute with the Environmental Protection Authority over… Audio
US-based drink company hopes to raise US$1.5 million
A hydration drink company is hoping to raise one-and-a-half million US dollars by way of the first-ever convertible note offer on the New Zealand peer-to-peer equity fund raising platform, Snowball… Audio
Delegat Group says current season delivering normal yield
The wine producer, Delegat Group, says it's looking for record profits in the coming year and future strong growth. Audio
Orion Health increases spending on research and development
Health software provider Orion Health is spending more on research and development to keep up with global demand for health management software. Audio
Business briefs
Industrial property landlord, Property For Industry, says it's sold a non-core Auckland property for 10 million dollars Audio
Hallenstein sales up, margins down
Clothing retailer Hallenstein Glassons says sales for the first quarter of the new financial year are up just over three percent on last year but its profit margins are starting to be squeezed. Audio
Tourism Holdings sees FY net profit rising 10 percent
Record tourist numbers are bringing cheer to companies involved in the sector. Audio
Intueri says commisison review could negatively impact profit
Intueri Education Group says the Tertiary Education Commission will review the operations of two of its schools, which could have negative financial implications for the education and training schools… Audio
Kathmandu feels sting of increasing shareholder demands
The outdoor clothing and equipment retailer, Kathmandu, is the latest company to feel the sting of shareholder disapproval over a failure to demonstrate careful corporate governance and oversight. Audio
The Warehouse expects stronger sales in weak economy
The Warehouse says a downturn in consumer confidence could be the silver lining in the retailer's upcoming holiday sales period. Audio
Kathmandu's board to face tough questions at annual meeting
Kathmandu's board faces some tough questions at the annual meeting in Christchurch this morning, over incentive pay for the new chief executive.. Audio
US hopes to attract NZ businesses to set up shop
The United States is hoping more New Zealand businesses will pursue the American dream and set up shop in the U.S. Audio
Fonterra says forecast is conservative
Fonterra says the 10 percent improvement in its full year earnings forecast is conservatively based, and reflects some 340 million dollars a year of savings from a recent cost-cutting exercise that… Audio
